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8. You bought 360 shares of stock at a total cost of $7,754.40. You
received a total of $403.20 in dividends and sold your shares for $19.98 a
share. What was your total rate of return?
9. A year ago, you purchased 500 shares of New Tech stock at a price of
$49.03 per share. The stock pays an annual dividend of $.10 per share.
Today, you sold all of your shares for $58.14 per share. What is your total
dollar return on this investment?
10.The financial statement summarizing a firm's accounting performance
over a period of time is the:
11.Which one of these accounts is classified as a current asset on the
balance sheet?
12.Net working capital is defined as:
13.Which one of these equations is an accurate expression of the balance
sheet?
14. The Purple Martin has annual sales of $4,900, total debt of $1,280, total
equity of $2,300, and a profit margin of 5 percent. What is the return on
assets?
Galaxy United, Inc.
2009 Income Statement
What is the return on equity for 2009?